28
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$999,000
Est. payment /mo
4,627 SqFt
Active
661 Franklin Ave Nutley Twp., NJ 07110
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,627 sqft
Price per Sqft $215
MLS Listing ID 4044830
Year Built 1800
Annual Tax Amount $29,000
Tax Year 2025
Lot Size 10,454 Sqft
Property Description
Fully leased 4,627 SF office building on a 65x162 lot on Franklin Ave near Rt 3. 15 offices currently rented as 9 office suites generating $145,423 in gross annual rent; NOI approximately $85,441.56 (roughly a 8.5% cap rate at asking). On-site parking for at least nine cars. B-1 zoning. Close to downtown Nutley, Route 3, Route 21, GSP, and NJ Transit rail. Financials available upon request.
Location
State NJ
County Essex
Zoning B-1
Rooms
Basement Finished-Partially, Full, Slab, Storage
Interior
Heating Gas-Natural
Cooling Central Air
Equipment Fire Alarm, Kitchen Area, Restrooms - Private, Smoke Detector, Storage Area(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum, Vinyl
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by CORCORAN SAWYER SMITH
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